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Drug makers earn 10% of revenue from export

Published: 2012-12-11 06:59:00
Updated: 2012-12-11 06:59:00
As many pointed out, the crowded Korean pharmaceutical market provides thin profit margins with a number of drug makers competing head-to-head.

Especially, more and more local drug manufacturers are seeking ways to compete abroad as their profits continue to fall in the domestic market after comprehensive price cuts of drugs by the government in April.

Nevertheless, details of drug compa...

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